Atlantic Coast Bank
Category: Bank Deals, Checking Accounts, Local Bank Deals, Savings Account Rates- fhuff- 4:00 pm/ March 5, 2010Atlantic Coast Bank has a high interest savings and checking account that work together to help you save more. The bank’s Kasasa Cash checking account has a 3.25% annual percentage yield (APY). The Kasasa Saver is a high interest savings account with a 2% APY and is linked to the checking. Details of the offer include:
- Nationwide ATM fees up to $25 refunded on checking account are automatically deposited into savings account
- Free checking
- No minimum balance or monthly fees
- Minimum opening deposit of $100 for checking account and $5 for savings
To qualify for the bank rates you must:
- Make a minimum of 10 debit card purchases
- Set up one direct deposit of ACH automatic payment from your checking account
- Receive electronic statements
Even if you don’t meet the requirements to earn the bank rate on the savings and checking, both accounts are free. During that time you earn a base rate of 0.1% on the checking account, which gets automatically deposited into the savings. The combined balance earns a base rate of 0.3% APY.
Once you meet the requirements again, you can earn the 3.25% APY on checking and 2% APY on savings. Bank rates are accurate as of Nov. 16, 2009.
Atlantic Coast has branches throughout northeast Florida and southeast Georgia. But residents of other states can apply online for a bank account
- 6 Month CD %
- 1-year CD %
- 2-year CD %
- Money Market Account %
- Savings Account %
- 30-year Fixed Mortgage 3.62 %
Bank rates provided by MoneyRates.com based on average rates for deposits under $10K and conforming mortgage rates
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